All Decked Out!!

Colours and Composite are growing trends in deck design!

Like other backyard trends that extend living space – indoor/outdoor rugs, furniture, lighting and even outdoor kitchens – the deck is the focal point for outdoor living and a much desired space for entertaining, cooking, eating or just lounging with a book.

It’s not easy-going from vision to reality when creating a spot to enjoy the fine weather of our brief summers. Should you replace an existing deck using the same foundation, spend thousands for a maintenance free deck of your dreams or buy a more modest DIY wooden deck kit from the local big-box store? Only your budget, tastes and time will tell, but all are viable options and readily available.

Deck packages area available at The Home Depot, where designers sit with customers and talk through all the elements of the deck – size and height, number of boards, railings, fasteners, even renting a post-hole auger. After a product list is created, good are quickly gathered up and brought to the till.

“It’s deck season, where we can do five to 10 deck designs in a day,” said  St. Albert The Home Depot store manager Sotirie Togias.

“You have three options for materials – pressure-treated wood, cedar wood or composite.”

If the budget allows, consumers are choosing composite, a PVC-wood blend board that is maintenance free and comes in a host of designer colours.

“Grey is now the most popular. A top seller for house decor, it’s now the hot colour for decks too,” Togias said. “The price is coming down for composite, so I think it’ll eventually be the standard for decks.”

At The Deck Store in Edmonton a mecca for all things deck-related, composite has been growing in popularity for some 10 years, thanks to improvements in stain-resistance and expand/contract issues.

Store owner Jim Slater said composite products can still be several times the price of wood, but when customers realize that framing and labour costs remain the same whether wood or composite, they often go with new technology.

“There’s no painting or staining to do, no knot holes, and no cracking. You only need to shovel the snow off in the winter,” Slater said, adding the decks can cost $50,000 and beyond, with most averaging about $10,000.

While 80 percent of his business is tear-out replacement decks, Slater said buyers are looking for touches like rock skirting and privacy screens, flooring made of tile or interlocking rubber pavers, patio heaters and – the hottest trend – a patterned deck floor.

“Most customers pick at least two colours for composite deck boards, from our choice of 65. They want to match it to deck cushions or the home’s vinyl siding – there’s not as much call for the old green lumber anymore,” he said.

For anything beyond replacing a few floorboards, St. Albert residents need to check with the city regarding building a deck on their front or back property, even if deconstructing and reconstructing on the exact same space.

In these cases, the city wants to insure the previous deck was done to code before the rebuild, said Chelsea Thompson, development officer with the city’s department of planning and development.

If a deck is in your future this summer, plan ahead (especially if permits are needed), and enjoy that outdoor space.

deckdeck designdeck 2

 

 

St. Albert Gazette, At Home, All Decked Out, Saturday June 14, 2014, By Lucy Haines, Staff writer, lhaines@stalbert.greatwest.ca

Green Guide to Moving! Frogbox: eco-safe moving!

What to do with the mountain of cardboard boxes after a move? It can be a dilemma, especially  for eco-conscious consumers, who don’t want to add to the landfill waste.  St. Albert residents have an alternative with Frogbox, the Edmonton region’s only provider of re-usable plastic moving boxes.  And with drop-off and pick-up service, the convenient, eco-friendly alternative to cardboard is a no-brainer for many.

“We’ve never changed how we move, and yet it’s one of the most stressful things we ever do.” said Edmonton franchise owner Darren Weber. “We chase around for cardboard boxes, and then most end up  in the landfill after just two uses. If you could make the move easier, without impacting the environment , why wouldn’t you?”

The sturdy, stackable 70 litre boxes used by frogbox are used an estimated 400 times each – disinfected before each use – and are rented based on number of bedrooms and the size of the home or office. “Reuse is best, before recycle,” Weber said, estimating that the average house spends $150 (plus $30 for delivery and pickup) for frogbox rentals.

Customer, mostly residential, but also many business/office moves, can choose when, where and for how long to keep boxes before pickup at the new location. Weber said he sees frogbox  revolutionizing the moving industry, and with branches across Canada and several in the U.S., it makes moving to another city that much easier – pack up in one location; get frogbox to pick up the boxes in the new city.

“We want to eliminate cardboard boxes for moving. We want people to see that we’re passionate about the product and the environment. We’re going to be a household name,” said Weber, who co-owns the local franchise with wife Carmen.

As a “green” corporate citizen, frogbox donates one per cent of annual sales to eco-friendly charities like Duck Unlimited. Even the frog represents the eco-friendly mindset – it’s an indicator species, so if frogs aren’t present in a pond, it’s not a healthy environment.

“It’s a challenging industry – there can be a lot of waste – but we’re breaking new ground,” Weber added.

Other companies are seeing the benefits too. Ted Lelacheur, president of Western Moving and Storage, said there’s a definite advantage to  plastic moving boxes, especially the number of times a box can be reused.

“Fundamentally, it’s a great system. Our customers tell us they like the reusable aspect – especially office moves, where they need to get out of boxes quickly at the new location,” he said.

Chaise Kozinko, lead hand for Action Moving,  said his movers like the sturdy, stackable frogboxes too, which most importantly, can be labelled and locked. “We like that – nobody can get access to what’s in the boxes,” he said.

Consumer can go online to estimate the costs for box rental for their move, at frogbox.com.

frogbox frogbox 2

 

 

 

 

 

 

 

St. Albert Gazette, Lucy Haines, Special to the Gazette, Wednesday May 28, 2014, frogbox.com

To Do or Not To Do….Doing it yourself vs Hiring a Pro.

Once you’ve figured out what you want your home to look like, the big question is: Should you decorate it yourself or hire a professional? Or both?

Interior decorators and designers as we know them today barely existed before the 20th century. Before that it was taken for granted that you decorated your home yourself, unless you were Marie Antoinette or somebody with a similar pedigree.

Old habits die hard. Some people still think you need to live in a palace to hire a decorator, or are fearful of the cost (whether real or perceived). For others it’s not so much a question of money, but of ceding control and having the concern that the results might not reflect their tastes. Some dive into the collaborative process without hesitation, while others have confidence in their tastes and skill and prefer to decorate their homes themselves.

Which camp do you fall into? Here are some things to think about to help you decide.

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Advantages of Decorating Your Home Yourself

Obviously, decorating your home yourself means you won’t have to pay someone else to do it. The results will truly reflect your personal taste, and you’ll be able to take full credit for them. If you’ve gone through the process before and were pleased with the results, there’s no reason not to do it again.

Whether the DIY route will work for you will depend on your strengths. “If you know what you like and you know what makes you tick, you’ll love everything you choose,” says interior designer Alana Homesley of Woodland Hills, California. You can also do the project in stages, as funds allow, and you won’t face the challenge of trying to convey your likes and dislikes to a stranger.

Disadvantages of Decorating Your Home Yourself

You could mess up. And you’ll either need to live with that error for years to come or pay a large sum of money to make it go away.

“Do you have the ability to visualize? Are you a creative type? If you’re not, then you need some help,” says Homesley, “because it is expensive, and you don’t want to make any mistakes.”

The DIY route won’t necessarily save you money. Decorating can be a time-consuming proposition with a steep learning curve and a huge number of decisions that need to be made. What’s your time worth? Will that outlay of time justify the fees you’ll be saving? If you make a mistake and something has to be redone, will you forfeit your savings?

In America a large percentage of home furnishings are sold to the trade only at wholesale designer showrooms. So what you’ll see in stores is only a fraction of the merchandise that’s available. While some showrooms permit public access, you’ll still need to buy through a designer.

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Advantages of Hiring an Interior Designer

Hiring an interior designer will give you access to a large selection of to-the-trade-only furnishings, fabrics and wall coverings that otherwise you’d probably never see, and the services of workrooms and tradespeople that the designer has cultivated relationships with over the years. You can potentially end up with a beautiful home tailored to your tastes and lifestyle, and furnished with pieces chosen by an expert for their beauty, quality and durability.

“If you have the budget, that’s the way you should go, because you’re going to have something custom to you,” says Homesley.

“Having someone who can affirm your decisions is really positive,” says designer Amy Luff of Viva Luxe Studios in Bristol, Virginia. “Designers can save you money. And they can save you from repaying for something.”

Disadvantages of Hiring an Interior Designer

Working with an interior designer can be costly. It’s also a very intimate process. You will be sharing a lot of details of your life with another person. You might end up working together for months — maybe even years. A designer can become a confidant. Or, if you don’t pick the right one, an adversary.

Just because someone was on a magazine cover, Luff observes, doesn’t mean he or she will be the right fit for your home. So it’s extremely important that you like and trust your designer, and most of all, communicate well with him or her. Be clear about your budget up front, with no apologies and no excuses. Don’t hire someone accustomed to $250,000 budgets and expect her to shop for you at T.J.Maxx. Conversely, don’t expect a lower-budget beginner to deliver results like Mario Buatta.

There’s a sense of accomplishment that comes with decorating your home yourself that you might not feel if you pay someone to do the work for you. A good designer will involve you in the process, however, and make you feel like you played a major role in the outcome

Working With a Pro and Doing It Yourself

If you like the idea of working with a decorator or an interior designer, but not the cost or loss of participation, there are alternative working arrangements you could consider.

1.Hire a decorator by the hour to help you plan the layout and the furniture, fabric and color selections, then execute the plan yourself. Not all designers are willing to accept small assignments like this, but some will welcome it.
2.Design the project yourself but hire a pro on an hourly basis to hold your hand through the selection process, or to offer a verdict on items you’re considering.

3. Work with a virtual designer. A growing number of designers have hung their shingles on the Internet. You send them photos or a floor plan of your home, and they provide consultations for a fee, without ever meeting you (or your home) in person.

4. If there’s a furniture store you really like, see if it offers free interior decorating services. Some stores will work with you on your project without charge, although you will need to acquire the furniture from that store. “If you really like that store’s stuff, it’s a good way to go,” says Homesley.

 

Houzz, Article

Fred Albert,Houzz Editorial Staff. A staff writer and editor for Houzz

Why Sign a Buyer Representation Agreement?

On July 1st, 2014, the Alberta Real Estate Association will be implementing a change. It will now require industry professionals to enter into a written service agreement with all client relationships when trading in residential real estate.

Here is a great video for you to watch that outlines why it is important to have this agreement in place.

 

 

St. Albert STATS for April

Here are the statistics from the Realtors Association of Edmonton for the Month of April.

 

2014

2013

2012

St. Albert SFD Sales

82

90

88

SFD Average Price

463,499

423,779

436,865

SFD Median Price

434,250

396,000

402,000

Condo Sales

25

31

15

Condo Average Price

276,214

261,742

251,748

Condo Median Price

260,000

262,500

234,100

Total Sales Volume

46,409,677

46,971,115

43,591,763

5 Tips for Relocating the Family.

Did you know that the average person moves 11.4 times in his or her lifetime? So says the most recent information from the U.S.Census bureau. Various factors prompt people to move, from job opportunities to the desire to be closer to family members to wanting to live in a nicer climate.

Moving is seldom an easy task, and is often ranked among the most stressful events in a person’s life. The employee Relocation Council cities it as the third most stressful event in life, following only death and divorce. That stress is only heightened when an entire family is making the move and an adult is starting a new job simultaneously.

Despite the potential headaches involved  with moving, millions of people move each year.  Those moving are often married couples between the ages of 25 and 44 with on or two children between the ages of 2 and 11. To make the process go more smoothly, consider the following tips.

1. Gradually introduce the concept of moving. Moving is a decision to be discussed with the whole family, even with young children who may not fully understand the process. Kids who are involved in looking at new homes or voicing opinions about which amenities they desire in a new neighborhood will feel empowered and in control.

2. Research potential new neighborhoods carefully. Finding a new residence is not entirely about buying a home that fits the family and its needs. It also is about finding a desirable neighborhood and community.  A good school district is an important factor, as is proximity to recreation, local culture and transportation.  Drive around a neighborhood during different times of the day to guage how active it is. Investigating businesses in the area can also help guage the personality of a given neighborhood.

3. Work with an experienced  agent. A Realtor who is familiar with a variety of communities is a great asset.  A buyer’s  agent will find homes and negotiate on the part of the buyer, having your best interest  in mind. Because the agent will be paid a commission on a portion of the sale price, which doesn’t come out of your pocket, it is in the Realtors best interest to help you find a home you can call your own. In addition, the agent will handle many of the tasks that may be overwhelming if you were doing them on your own, such as scouring available listings, waiting for inspections or filling out pertinent paperwork. With a Realtor handling these tasks, families can remove some of the stress from the moving process.

4. Pack children’s rooms last. Young children who see favourite items  disappearing into bubble wrapping and boxes may start to feel anxious. It’s not uncommon for preschoolers to act out or experience nightmares during the moving process. Maintain sense of normalcy in the home as long as possible. Begin packing nonessential items, only packing kid’s items when your moving date is right around the corner. Let children say good-bye to familiar haunts and even to their old home.

5. Plan a school orientation. Take advantage of any programs schools offer to acclimate kids to their new environment. Kids oftern leave friends behind when moving to a new home. The faster they get back to a normal routine, the better it will be for them.  Schools are where children will make new friends and participate in social occasions,  so tour their new schools before the school year begins, and meet with a few residents and current students to learn about special programs that may make a move less stressful for youngsters.

Relocating a family can be stressful. But involving kids in the process and anticipating an adjustment period can help families adjust more easily.

Article: Metro Creative Connection, Real Estate Weekly, April, 2014. 

 

relocatin families

Henday Upgrades Ahead!

Work on north-east leg rolls on this summer, completed in 2016.

This summer’s work on the Anthony Henday will mean better business for St. Albert, say local leaders.

Crews are going full steam ahead this summer to build the last leg of Anthony Henday Drive. The 27 Kilometer $1.8billion stretch of road will feature nine new interchanges and two bridges when complete, and will be the biggest highway construction project in Albert history.

“This summer is going to be one of the busiest construction seasons for the project,” said Christine Way, press secretary for Alberta Transportation Minister Wayne Drysdale. Crews expect to work a collective 1.4 million hours before the end of the season.

Crew are now constructing the second half of a bridge over the North Saskatchewan River as well as an interchange at Sherwood Drive and Yellowhead Trail north-east of Sherwood Park, Way said. They also plan to finish the southbound lanes on the Yellowhead-Sherwood Park Freeway interchange this summer. Edmonton’s 18th Street will reopen, while the 167 Ave./Fort Road intersection will close permanently.

Work to hook these new bits of road to the rest of the Henday at Manning Dr. won’t happen this year, Way said. It’s on schedule to be done by 2016, though, letting drivers motor all around Edmonton more or less interrupted.

Drivers should expect to see about 17 different construction site along the northeast leg of the Henday this summer, Way said. Traffic delays, closed lanes and lower speed limits should all be expected.

This chunk of highway is the last piece of the Henday puzzle, said Ivan Mayer, president of the Riel Business Park Association and frequent driver on the Henday. “It’s going to help everyone who’s on the loop.”

While most of the St. Albert’s truck traffic comes from the south (and the U.S.) or west (and the B.C. coast), the city does get a lot of customers that want to drive in from the north-east, Mayer said. Right now, those customers don’t have a straight path to get to this city. “This will make it much easier to find us.”

A finished Henday will mean more economic development for St. Albert, said Mayor Nolan Crouse. “People are going to be able to live here and work elsewhere,” he said. “It’s bringing the region closer together.”

This leg of the Henday is scheduled to open for traffic in November 2016.

Article: Kevin Ma, St. Albert Gazette, May 3rd, 2014

 

Anthony Henday

CMHC to trim mortgage insurance total.

Move comes amid concerns real-estate market is overheating.

 

Canada’s government-owned housing agency is reducing the amount of mortgage insurance it has outstanding amid concern the nation’s real-estate market may be overheating.

Canada Mortgage & Housing Corp. said Monday in its annual report it plans to have $545 billion in so-called mortgage insurance in force this year as repayments offset new policies. CMHC which insures home owners against default, said its insurance in force as of Dec. 31 fell 1.6 per cent from the year earlier to $557 billion.

The agency said it plans to insure 353,975 mortgage loans this year, up 3.0 per cent from last year.

Prime Minister Stephen Harper’s government has been reining in CMHC’s share of the mortgage insurance market to curb taxpayer liabilities in the event of a downturn.  In 2012, the government gave the country’s banking regulator new powers to oversee CMHC. Finance Minister Joe Oliver pledged in March to continue  lowering potential risks to taxpayers.

CMHC also guarantees mortgage-backed securities used by financial institutions to raise funding for housing loans, as well as the debt it issues, known as Canada Mortgage Bonds. CMHC will back $120 billion in mortgage-backed securities and Canada Mortgage Bonds this year, down 2.1 per cent from $122.6 billion in 2013, it said Monday. The agency will probably issue close to $40 billion in Canada Mortgage Bonds this year, in line with issuance over the “last few years”, senior Vice-President of capital markets Wojciech Zielonka said Monday.

CMHC insurance is fully backed by federal government. By law, Canadian mortgage that have less than a 20-per cent down payment must be insured.

 

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Edmonton Journal, Business, Section C, Editor: Mark Iype, Tuesday May 6, 2014

APRIL 2014 TOP PRODUCERS!!

Congratulations! Top Producers for April 2014!

Hip Hip HOORAY!  Way to go Team!
Congratulations to our top 4 producers for the month of April!!!! 1. Mike Kinsella 2. Rainy Noyes 3. Don Cholak 4. David Centis

Keep up the great work!

April Top Producer

CMHC to limit mortgage insurance product offerings

If you think this might affect you, maybe its the right time to make a move.

 

Tax Season
CMHC to limit mortgage insurance product offerings
Effective May 30, CMHC will stop offering mortgage insurance on second homes

Canada Mortgage and Housing Corporation will no longer offer mortgage insurance on second homes, the crown corporation said on Friday.

It will also discontinue selling mortgage insurance to self-employed people without third-party income validation.

The new limitations mean borrowers will also no longer be able to act as co-borrowers on other applications.

These changes, which will take effect on May 30, are part of the ongoing review of the mortgage loan insurance business.

CMHC said self-employed Canadians can still qualify for insured financing with a validation of their income using traditional methods.

As well, the two products will still be available to those who submit requests prior to May 30, regardless of the closing date of the home purchase.

CMHC said these two products account for less than three per cent of its insured business volumes in units.

“Given the limited use of these products, their discontinuation is not expected to have a material impact on the housing market,” CMHC said in its release.

The changes come as Canadian home buyers face an increase in mortgage insurance premiums.

In February, CMHC announced it would hike premiums for default insurance by an average of 15 per cent effective May 1.

The increase would hit buyers who have a downpayment of less than 20 per cent.

 

CBC News/Business  Posted: Apr 26, 2014 12:23 AM ET Last Updated: Apr 26, 2014 12:23 AM ET

 

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Construction crews build housing and community centres in Saskatoon, Sask., on Feb. 2, 2012. CMHC said Friday it will stop offering mortgage insurance on second homes as well as to self-employed people without third-party income validation. (Liam Richards/The Canadian Press)

Landscaping Ideas that Work!

Good landscape design doesn’t have to be complicated. Simple moves, like adding a sandbox that invites kids to explore outside, creating an alluring outdoor room with foliage or turning an eyesore of a driveway into a visual delight with planting, can transform outdoor spaces to meet your needs and give your property stylish good looks.In her new book, Landscaping Ideas That Work (Taunton Press), landscape designer Julie Moir Messervy highlights the elements designers use to create enjoyable landscapes, profiling porches, backyards, side yards and other outdoor spaces that simply work. Here are several key concepts from the book.

Extra! Extra! Insured Premiums Going Up!

Effective May 1st, 2014 the  CMHC Insured Premiums are going up.

Loan-to-Value Ratio       Standard Premium(Current)       Standard Premium ( May 1st, 2014)

Up to and including 85%                         1.75%                                                          1.80%

Up to and including 90%                         2.00%                                                         2.40%

Up to and including 95%                          2.75%                                                         3.15%

going up

Lighting sets the stage for outdoor fun!

‘Tis the season for making changes in and around the home.  The arrival of warmer weather renews home owners’ vigor for various home improvement  projects, and many have grand plans for interior and exterior renovations as they prep their living spaces for comfort, beauty and entertaining opportunities.  While there are many worthy projects to pursue, adding outdoor lighting to a home can help increase its value and make the home safer and more attractive in the evening hours.

According to the American Lighting Association, with a few updates to outside lighting, families can make even better use of their homes at night. Adding outdoor lighting is easier and less expensive than many home owners may know, allowing them to transform an existing patio, deck or pool area into an enjoyable night-time retreat.  Pool parties, dinner on the patio or barbecues with neighbours become even more memorable when outdoor lighting is added or improved. But home owners who want to install or upgrade their outdoor lighting should consider the following tips, courtesy of ALA.

– Improve navigation: Lighting is typically layered into a room or outdoor space in three ways: overhead, tasks and ambient. Even outdoors, where there are not typical boundaries and borders, those three layers are necessary.  Outdoor overhead lighting should improve visibility on steps, paths and walking surfaces, especially where there’s a bend or an intersection . Task lighting can be used around cooking or gardening areas. Ambient light will cast a comforting glow around any outdoor space.

-Enhance security: To improve  visibility and security, combine a motion detector with a sconce to illuminate dark corners or entryways. Be sure to aim lights away from the door to improve visibility. Lanterns on either side of the door can give a home a warm, welcome appearance and improve safety of entryways.

-Create outdoor rooms: Outdoor lighting at the borders of a space is a great way to create barriers, both vertically and horizontally.  Lights in a tree create something akin to a chandelier hung in the middle of the sky, and even accent lights in the general area of the edge of a patio, deck or porch will shine across the space and provide enough of  a comfort level for people to understand  where things are.

-Reduce glare: Outdoor lighting that casts a glare can be blinding, as can light  that’s too bright. Lighting along paths should be cast downward, with fixtures that are hooded. A variety  of lighting options will create layers, allowing you to add or subtract as necessary.  Exterior safe dimmers also can provide flexible control over the level of light, as can movable fixtures added to a patio or porch.

Add decorative elements: Just as arbors, pergolas, patios and other outdoor elements help to enhance the style of an outdoor space, so, too, can lighting contribute to a well-designed landscape.  Lighting should play up decorative features of a yard and add the ambiance  that home owners desire. Step lights make passage sage while also highlighting molding or trim details. An outdoor chandelier can make for a wonderful accent during, dinnertime on the deck or under a pergola. Patio lights provide atmosphere as well as illumination for cooking outside.

-Enhance views from inside: Outdoor lighting can make the view from inside pleasant and enjoyable. Use a variety of lights, including spotlights on trees, lights dotted along pathways and accent lights on unique landscape features to create an idyllic landscape  visible from inside the home.

Outdoor lighting enhances functionality of yards and landscape while making such areas safer for home owners and their guests once the sun has gone down.

 

 

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Get Ready to Sell!

This spring set to sizzle in local Real Estate market!

Early indications show that the St. Albert housing market is in for a banner spring selling season. Spring is traditionally the busiest time of the year for house and condominium sales. Realtors say the present limited inventory, combined with the usual influx of spring home-buyers, has already set up scenarios of multiple  offers and homes selling at or above asking price within days, rather than weeks.

Scott Storry, a St. Albert Realtor with Royal LePage, said the city’s range of housing from near million dollar executive homes to affordable condos under $200,000, attract a wide variety  of buyers and both can sell quickly  in a hot market, as long as they are priced right.

“In my view, listings that are priced to sell can get at or over full list price.  And it’s a big deal that St. Albert was just names a top City in Canada, it’s safe and beautiful – so people want to move here. Interested buyers and an attractive product make for a hot market,” said Storry.

“But homeowners still need a plan to get a quick sale, simple things they can do to show the home at its best. Remember, you only have one chance to impress.”

The median home sale price in St. Albert was $441,000 in March with 79 sales. In the entire Edmonton metro area, sales of all types of residential properties were up 5.8 percent in the first quarter, compared to the same period in 2013. Realtors Association of Edmonton president Greg Steele said first quarter data shows high demand for housing and good consumer confidence throughout the capital region.

For homeowners planning to sell in this buoyant spring market, experts offer a few common sense tips to keep in mind before the “For Sale” sign goes up.

“Make sure your home is sparkling clean. De-clutter, take down most personal pictures and mementos, and think about refreshing up the house by painting with neutral colors,” said Sheryol Shera, local Realtor and owner of Shera & Co., which provides interior redesign and staging for home seller in St. Albert and area.

“And remember the outside of the house too – curb appeal – clean the front door, sweep away leaves and cobwebs. Homebuyers take 60 seconds to make a decision about the property, so the house had better be clean.”

AS soon as a sign goes up on the lawn, homeowners shouldn’t think of the house as their any more – that mindset can help people take the emotion out of the home-selling experience, she said.

“We come in with an objective eye and show homeowners that the house needs de-cluttering or a fresh coat of paint.” Shera added, even recommending a favourite paint colour to customers: a neutral blue-grey paint from Benjamin Moore called Perspective that she said won’t offend potential buyers.”

Storry agrees that paint is an easy,low cost-fix when preparing to sell – providing well over a 100 percent return on investment – along with minor changes like cleaning carpets, replacing missing baseboards and patching holes in walls.

“If your home is tidy, shows well and is priced right, it’s likely to sell quickly in this market,” he said.

 

St. Albert Gazette, Saturday April 12, 2014, At Home, By Lucy Haines. 

 

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YEG Is Home!

Have you visited the new www.yegishome.ca ? Lot’s of great information about our YEG!

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Average house costs in Edmonton reach record high

The cost to buy a new home in Edmonton is higher than ever, say industry officials.

The Realtors Association of Edmonton is reporting the average sales price for a home in Edmonton has risen to $432,000 – $6,000 more than the previous high set in May 2007.

To compare, the average family home was selling for $386,000 in 2011.

Association president Greg Steele says the inflated price tags aren’t slowing the city’s intense real estate market, however. House sales are up nearly six per cent this year already.

“April is the beginning of a busy time in the real estate market when those wanting to buy and those wishing to sell real estate are most active throughout the year,” he said. “We expect those sales to increase month to month as we approach the second quarter.”

Competitive market

Steele said first time home buyers are dealing with a highly competitive market with low availability.

“First time buyers are finding their options for lower-priced, single-family property are pretty limited and we are seeing increased competition when those homes come on the market.”

Bidding wars – particularly over “lower-price homes” and those in desirable neighbourhoods in Edmonton’s southwest and west – are becoming an increasingly common occurrence.

According to the Realtors Association of Edmonton, the average family home is remaining on the market for 44 days, down from 51 in March of last year.

Condo sales are also on rise, increasing by 11 per cent in the first three months of 2014 – a number which Steele calls “staggering” – especially since the overall number of available condominiums has actually gone down.

“This year over year increase is an indicator of the high demand for housing in this market … prices will follow the demand,” said Steele.

The rapidly-moving market does have some perks if you are hoping to sell in a hurry, however.

Ike Glick recently put his home on the market and was pleasantly surprised to find a buyer within a week.

“We were pleased to sell it but … [given the current market] we figure probably sold it sooner than we should have.”

Despite the rising costs and competition, real estate professionals say this is not merely a bubble market – but is instead indicate of a genuine real estate boom.

The inventory of available homes in Edmonton is currently sitting at 6.9 per cent.

 

Average housing sale prices in February

Year: 2013
Single-family detached$400,426
Condo$231,485
Duplex/Townhouse$333,145
Residential$341,783

Average housing sale prices in February

Year: 2014
Single-family detached$425,782
Condo$238,854
Duplex/Townhouse$335,625
Residential$359,973

Source: Edmonton Real Estate Board

http://www.cbc.ca/news/canada/edmonton/average-house-costs-in-edmonton-reach-record-high-1.2595834

 

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Congratulations! Top Producers for March 2014!

A round of applause goes out to my fellow colleagues! The Top Producers for March 2014 are….Mike Kinsella, Don Cholak, Sonia MacKenzie and Scott Storry.  Keep up the great work guys!

top producers

Testimonial – #20, 30 Levasseur Rd

sold 2“With Don’s expertise and professionalism my house sold within two weeks.  Don was always available to answer any questions I had.  Right from the start Don’s enthusiasm and expert advice made me feel taken care of without much hassle.  I would recommend Don to anybody ready to sell or buy a property.” – Karin

New Look for your Kitchen and home!

Spring has sprung, so it must be home renovation and/or selling season.  And since the kitchen is the heart of the home, where we all gather to eat, socialize and connect, it’s no surprise that it’s the spot we pay most attention to when it comes time to spruce up or modernize our living spaces, whether to enjoy yourselves or in preparation for putting on the market.

Realtors routinely tell homeowners to invest in the kitchen and bathroom, key to selling a home.  A recent Home Gain national survey showed that upgrading a kitchen, at an average price of $6000 (but usually higher) offers a 75 per cent return on investment.  A sure way to update the home’s kitchen is by incorporating key trends in the market – things like painting with the hot colour of the season, adding interesting and colourful back splashes, and use of LED lighting above counter tops or even inside the fridge or on faucets.

Gurjinder Singh, owner of the Sears hometown store on Inglewood Drive, said touch screens are everywhere in the kitchen and have been for a few years, reflecting the mass use of these in our daily lives – on tablets, smartphones and such.  These first appeared with fridges but are now more prominent on all appliances, from ovens and microwaves to touch-programmable freezers.

“People want the latest gadgets and features – an interactive computer screen inside the fridge is the latest – but you pay a premium for it,” said Singh, adding that most homeowners and builders simply want something is shiny and new in the kitchen, and that usually means stainless steel.  Prices on these appliances, now with smudge-free models, aren’t much more than traditional white, though Singh points to a newer line of white appliances with stainless steel handles, called white ice, for those who cant’s choose.  “These are popular in the U.S., but havent caught on so much here yet.”

Today’s open concept homes, where living, dining and kitchen areas flow together, leads a trend towards unified floors. No more shifting between living room hardwoods to tiles in the kitchen – now every room can become part of one large environment by bringing the hardwood (real, laminate or luxury vinyl ) throughout the space.

Gerry Daechsel, manager of Titan Flooring and Interior Design in St. Albert said traditional, though expensive, hardwood floors aren’t going out of style, but young families are increasingly moving toward luxury vinyl plank (LVP) or luxury vinyl tile (LVT) as their floor surface of choice.  “You’ve  seen these planks in grocery store produce area, with the farmer’s market wood-look plank floors, but it’s coming on strong in residential applications,” said Daechsel.  “It’s durable, with a realistic look and feel – plus it’s warm and soft to walk on.”

Similarly, the LVT can be installed with grout to fully mimic ceramic tile or other natural scuffs, stains and gouges and start at about $4 per square foot, making it a popular choice for homeowners updating their kitchen decor either as a DIY project or with professional installation.

St. Albert Gazette, Saturday March 29, 2014, article by Lucy Haines, At Home 

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Testimonial – 13450 114 Ave Nw

“Don was very knowledgeable about the property that was listed, very professional and punctual when working with me.  I especially enjoyed his quick responses to my emaisl and phone calls.  He was excellent at making himself available – both to show the condo and to answer my many questions.  He was always pleasant to deal with, never appearing inconvenienced or too busy… I would highly recommend Don!”  – Satisfied Client